Blue Bear Capital Raises $150 million For Investments in Cleantech Startups Updated On Wed, Sep 22nd, 2021 by Saurenergy Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for energy, infrastructure, and climate, has raised $150 million to invest in companies to help them build past the startup phase. Like Blue Bear’s first fund, the new fund will focus on digital technologies making an outsized impact in markets including wind, […] Read more
Torrent Power Buys 156 MW Wind Capacity from CESC Updated On Wed, Sep 22nd, 2021 by Saurenergy Torrent Power on Tuesday announced that it has inked a share purchase pact to acquire 156 MW wind power projects for about Rs 790 crore from Surya Vidyut, an arm of CESC Ltd. Surya Vidyut operates 156 MW wind power plants spread across the states of Gujarat, Rajasthan and Madhya Pradesh, a statement said. The […] Read more
Offshore Wind Market to be Worth $93.7 B by 2028: Zion Market Research Updated On Tue, Sep 21st, 2021 by Saurenergy The global offshore wind energy market accounted for USD 44.8 Billion in 2020 and is expected to reach USD 93.7 Billion by 2028, growing at a CAGR of around 9.1% between 2021 and 2028, finds Zion Market Research. Wind power generation uses turbines to convert wind energy into electricity. The energy of the wind turns […] Read more
Willdan to Install Smart-city Upgrades in Dublin, California, for $21.2 M Updated On Tue, Sep 21st, 2021 by Saurenergy Willdan Group, Inc. has been selected by the City of Dublin, California, to implement citywide energy efficiency, infrastructure, resiliency, and smart-city upgrades under $21.2 million contract. Willdan is a US provider of professional technical and consulting services to utilities, government agencies, and private industry. Under this comprehensive contract, Willdan will perform project engineering, development, construction, […] Read more
APTEL Accepts TPREL Claim For GST Compensation, After MERC Rejection Updated On Tue, Sep 21st, 2021 by Saurenergy In an interesting judgement uploaded yesterday, the Appellate Tribunal for Electricity (APTEL) has upheld an appeal filed by Tata Power Renewable Energy Limited (TPREL) against an order of the Maharashtra Electricity Regulatory Commission (MERC), on compensation for GST law changes. MSEDCL was the other party to the case, as the discom buying the power from […] Read more
Solar Americas Plans to Deliver 2 GW Commercial PV in Brazil by 2026 Updated On Mon, Sep 20th, 2021 by Saurenergy Solar Americas Capital is launching to bring upwards of 2GW of solar power in partnership with progressive corporations across Brazil by 2026, said the company. The company will cofound, identify, build and manage the solar assets for commercial partners, drawing on over 25 years of experience working in the Brazilian, solar and finance markets, added the firm. The […] Read more
Scotland to Build Own Green Ports as UK Govt is ‘Not Cooperating’ Updated On Mon, Sep 20th, 2021 by Saurenergy UK Ministers will not commit to implementing green ports in Scotland that are underpinned by fair work conditions and net-zero ambitions, according to Business Minister Ivan McKee. As a result the Scottish Government will now progress plans to independently develop a green port model which is designed to meet the specific needs of Scotland’s economy. […] Read more
bp, ADNOC and Masdar Partner for Green Solutions for UK & UAE Updated On Mon, Sep 20th, 2021 by Saurenergy bp, ADNOC and Masdar have signed three agreements with the potential to lead to billions of dollars of investment into clean and low carbon energy, creating potentially thousands of energy jobs, said a joint statement last week. The first agreement would see the companies collaborate to initially develop 2GW of low carbon hydrogen across hubs […] Read more
PFC Raises €300 M in First-ever Euro Green Bond Issuance Updated On Fri, Sep 17th, 2021 by Saurenergy Power Finance Corporation Ltd (PFC), a leading non-banking financial company (NBFC) in the power sector, has successfully issued its maiden Euro 300 million 7-year Euro Bond issuance on September 13, 2021. The pricing of 1.841% achieved is the lowest yield locked in by an Indian Issuer in the Euro markets, as per PFC’s release. It […] Read more
